Housing Wire

DECEMBER 19, 2023

Housing inventory climbed late in the year as mortgage rates rose. Rates are falling now and if that continues, buyers will jump and inventory will fall well into the first quarter of 2024. These sellers have been matched by an increase in buyers, too, so there were 10% more immediate sales than last year. We had 37.6%

Sellers 425

Sellers Marketing Inventory Contracts 425

Housing Wire

OCTOBER 21, 2022

In times as tough as these, mortgage lenders must be proactive in borrower outreach and find consumers’ home finance needs if they’re going to close a deal, a new report by mortgage relationship data company Sales Boomerang concludes. Download this white paper for a roadmap to deploying new technologies.

Mortgage 346

Mortgage Sellers Finance Technology 346

Housing Wire

OCTOBER 9, 2023

A mortgage lender isn’t the first place most people would turn to for yoga, meditation or personal wellness. The app offers users the standard fare you’d expect in a mortgage app from a major fintech lender. The app offers users the standard fare you’d expect in a mortgage app from a major fintech lender. As of Oct.

Loan Officers 413

Loan Officers Mortgage Technology Realtors 413

Housing Wire

JANUARY 2, 2024

Inventory is slowly but steadily increasing over last year, which means slightly more options for buyers this spring. This implies that there are more than enough buyers at these prices and these mortgage rates to keep activity happening in housing. The last week of data for the year U.S. Sales rates are climbing.

Housing Market 524

Housing Market Marketing Inventory Contracts 524

Housing Wire

FEBRUARY 26, 2024

Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. We can see the impact of higher mortgage rates slowing homebuyer demand. Last year at this time, we were seeing surprising home buyer demand with rates having fallen to the low 6s. The pace of sales inched down, too.

Sellers 402

Sellers Inventory New Listings Contracts 402

Housing Wire

AUGUST 17, 2022

July saw whiplash mortgage rates and our audience followed economic news very closely. But we also saw some resiliency, with companies expanding loan products — especially cash out and home equity— and shoring up their mortgage servicing rights. This theme wasn’t limited to white papers.

Housing Market 372

Housing Market Marketing Insurance Inventory 372

Housing Wire

JANUARY 22, 2024

Two things happened last week that may have contributed: mortgage rates have risen again, back up to 6.9%, and the country was also in a deep freeze. Price Reductions: The current rate of price reductions tells us that there are sufficient buyers for the current inventory, at current prices, and current mortgage rates.

Real Estate 388

Real Estate New Listings Contracts Inventory 388

Inman

NOVEMBER 23, 2023

A big drop in mortgage rates has resulted in holiday rejoicing for agents and hopeful buyers. Make sure you're ready to work with them.

Agents 198

Agents Mortgage Buyers 198

Housing Wire

JANUARY 29, 2024

They obviously picked up in December when mortgage rates did a recent dip. However, December’s momentum slowed very quickly in January as mortgage rates jumped back up and as a deep freeze gripped the country. If mortgage rates are in the 7s this year, this growth will not hold. Assuming mortgage rates stay in the 6s.

Contracts 391

Contracts Inventory Housing Market Mortgage 391

Housing Wire

APRIL 9, 2024

It’s not often that we can draw a parallel between the automobile industry and the mortgage and real estate industries. The mortgage industry has been awaiting its own “Model T” introduction for quite some time. Yes, the world of mortgage and real estate has come a long way in just a few short years. Sound familiar?

HOA 346

HOA Real Estate Technology Investors 346

Housing Wire

JANUARY 8, 2024

2023 started with recovery, but slowed down in Q3 as mortgage rates hit 8%. I’ve pointed out that consumers are more sensitive to changes in mortgage rates than to the absolute levels. Over the last 24 months we’ve had incredible volatility in mortgage rates. If they have buyers, the price of the new listings spikes up quickly.

Real Estate 487

Real Estate Marketing Inventory New Listings 487

Housing Wire

JANUARY 21, 2021

In fact, according to a new report from real estate brokerage Redfin, a whopping 63% of last year’s buyers made at least one offer sight-unseen, never setting a single foot inside the property before putting in a bid. In total, sight-unseen offers are now up nearly two-fold since 2018, when just 32% of buyers bought homes from afar.

Real Estate 464

Real Estate Agents Housing Market Brokerage 464

Housing Wire

APRIL 25, 2024

Think of it as another concierge service to offer your buyers to help you stand out. The Houzz app is an excellent tool to add to your suite of buyer services, helping you stand apart as a professional home consultant–not just an agent. Already have a lender you love? Invite them to join Curb Hero.

Real Estate 340

Real Estate Agents Open Houses Tools 340

Housing Wire

NOVEMBER 13, 2020

Consumers are ready — and they’re waiting on mortgage to catch up. While mortgages make up the lion’s share of consumer debt — nearly 72% of it, according to the Fed — they’re among the rarest financial transactions in a consumer’s life. There’s no doubt that mortgage data is among the most valuable in the world.

Modernization 478

Modernization Technology Mortgage Investors 478

Housing Wire

AUGUST 23, 2021

One Realtor may prefer text while a loan officer might wish to use a technology integrated with her LOS and the buyer might only communicate via phone. Nor will all of them download an app that applies to only a percentage of their clients or files. So what’s the practical application of all this? The forms are many. Let’s be clear.

Loan Officers 379

Loan Officers Agents Realtors Clients 379

Assurance Financial

APRIL 29, 2021

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Adjustable-Rate Mortgage (ARM). Amortization. Annual Percentage Rate (APR).

Mortgage 69

Mortgage Insurance Sellers Inspection 69

Assurance Financial

DECEMBER 20, 2021

There are many factors to consider when selling a home, and you may be wondering what happens to your mortgage when you move. After all, the 2018 American Community Survey found that the median length of time homeowners stayed in their homes was 13 years, a shorter length of time than most mortgage terms.

Mortgage 74

Mortgage Sellers Buyers Finance 74

Housing Wire

AUGUST 5, 2020

Over the following weeks, Todd Duncan, sales entrepreneur and New York Times best-selling author, will showcase principles for mortgage and real estate professionals to embrace for success. The objective is to be unique and differentiated, and say things confidently that attract the buyer to you because of the unique value you offer. .

Real Estate 225

Real Estate Buyers Finance Mortgage 225

Will Springer Realtor

FEBRUARY 28, 2023

The home itself of course is the biggest and, fortunately, mortgage lenders can help you with financing options. Services can be charged by a range of experts – mortgage lender, home inspector, pest consultant, mold inspector, appraiser, real estate attorney and others. Here is a more complete list (downloadable PDF).

Buyers 63

Buyers Sellers Real Estate Mortgage 63

McKissock

JANUARY 18, 2022

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. Download for free here. Answer Questions.

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Real Estate Agent Real Estate Agents Buyers 96

Assurance Financial

APRIL 29, 2021

Important Mortgage Acronyms. When you’re in the process of shopping for a home and a mortgage, you’re likely to encounter what looks like alphabet soup. All those letters and mortgage statement abbreviations can make your head spin. Mortgage Term Abbreviations to Know. ARM (Adjustable-Rate Mortgage).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

Movoto

MARCH 25, 2024

5 Steps For Getting Pre Approved For A Mortgage For the majority of homeowners ( 80%, per the National Association of Realtors ), buying a home is made possible, thanks in part to a mortgage. So, knowing the steps to getting pre-approved for a mortgage is highly beneficial for those considering buying a home. you really love.

Mortgage 36

Mortgage Real Estate Agent Sellers Real Estate 36

Housing Wire

APRIL 14, 2021

economy in March 2020, mortgage lenders had to be nimble in a variety of areas. Mortgage interest rates hit record lows and origination volume surged. To find out more about how Citizens implemented the solution and get a closer look at the results, download the case study here. . When COVID-19 first rocked the U.S.

Lending 223

Lending Loan Officers Mortgage Business 223

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. If there are any safety issues with the home, the home buyer can request repairs.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Assurance Financial

JULY 23, 2021

How to Get a Mortgage Loan. If you’re going to finance your home purchase, one of the first things to do is figure out how to get a mortgage. You might have heard that getting a mortgage is a long and complicated process, with plenty of twists and turns along the way. 10 Steps to Get a Mortgage Loan.

Mortgage 74

Mortgage Real Estate Agent Government Loan Officers 74

Assurance Financial

MAY 10, 2022

During home shopping, most homebuyers want to know whether the current housing market is a seller’s market or a buyer’s market, along with how to get a good deal in a seller’s market. Buyer’s vs. Seller’s Market. The housing market is either a buyer’s market or a seller’s market.

Marketing 69

Marketing Real Estate Agent Sellers Buyers 69

Housing Wire

DECEMBER 7, 2023

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. After the class, you will receive the certificate for each state to renew both states’ licenses. out of 5 stars Rating: 4.5

Real Estate 328

Real Estate Real Estate Agent Law Brokerage 328

Assurance Financial

JULY 27, 2021

Mortgage Loan for You. When shopping for a home, it’s just as important to make a list of things you’d like from your mortgage — including the length of the loan, the interest rate and the repayment terms. You have lots of options when choosing a mortgage. What Is a Mortgage? What Mortgage Do I Need?

Mortgage 69

Mortgage Government Construction Insurance 69

Assurance Financial

NOVEMBER 9, 2021

In some cases, you may have to take out several loans or pay for something called private mortgage insurance (PMI). Read on to learn more about how private mortgage insurance can allow you to purchase a home, even if you don’t have enough resources to make a standard down payment. What Is Mortgage Insurance on a Home Loan?

Insurance 41

Insurance Mortgage Home Value Finance 41

Cornerstone

APRIL 30, 2021

Download the infographic here. Here’s a quick recap of why selling can be a smart move this spring: Springtime normally shows an influx of buyer activity. Spring is a favorable season for move-up buyers. This includes getting prequalified for a mortgage early so a buyer is prepared to act before they start hunting.

Sellers 66

Sellers Buyers Inventory Loan Officers 66

McKissock

DECEMBER 28, 2021

Mortgage rates are expected to rise, but still remain attractive and reasonable. The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Appraisal Today

DECEMBER 22, 2023

It’s a type of functional obsolescence in which the structure or one of its components is overly improved to a capacity or quality than a prudent buyer or owner would build or pay. Excerpts: How to use the spreadsheet to download neighborhood MLS data (40 minute video) I made a template to download data from MLS.

Appraisal 76

Appraisal Business Contracts Real Estate 76

Cornerstone

JANUARY 19, 2021

Download the infographic here. Mortgage rates are expected to stay low, and increased buyer demand is anticipated to spur more home sales and keep driving up housing prices. So, mortgage rates will continue to be historically favorable,” he says. Unbelievably, mortgage rates dropped to all-time lows 16 times in 2020.

Construction 61

Construction Housing Market Loan Officers Mortgage 61

Cornerstone

FEBRUARY 2, 2021

Reading Time: 2 minutes Download the infographic here. Here’s an overview of why selling this winter may be smarter: Even after the buyer boom seen in 2020 , it continues: Buyer demand is outpacing the supply of available homes for sale, so homebuyers frequently compete to snatch up limited listings.

Landlords 67

Landlords Loan Officers Buyers Sellers 67

Assurance Financial

NOVEMBER 9, 2021

However, tiny houses can come with big challenges for financing since their small size makes them ineligible for many mortgage and insurance plans. From finding the right mortgage to finding a legal place to store your home, you must understand the unique financial demands of a tiny house and prepare for challenges ahead of time.

Mortgage 36

Mortgage Finance Transportation Insurance 36

Assurance Financial

MAY 18, 2022

Several government loan programs exist to help buyers take one step closer to the American dream of homeownership. Since private lenders have insurance from the FHA, they are more likely to lend money to people who wouldn’t qualify for a conventional mortgage. The mortgage insurance comes in two parts.

Insurance 69

Insurance Government Mortgage Sellers 69

Cornerstone

JULY 1, 2021

Download the infographic here. Here’s an overview of why selling your house now may be optimal: Because inventory is so tight and demand is so high, buyers are competing for limited listings as homes fly off the market. Low rates are attracting buyers, while making it more affordable for you to move up into your dream home.

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61